Is the monthly income what I will receive in retirement?

No. It multiplies your projected balance by an annual withdrawal rate you choose and divides by twelve. It is a rough, static illustration, not a forecast of pensions, annuities, or taxes.

Why is the return called expected?

Markets are not constant. The percentage is an assumption you choose to explore scenarios, not a promise of performance.

Does the calculator include inflation?

Yes, in a simplified way: we combine your expected investment return and expected inflation to approximate a real return for the projection. It is still a rough model.

What if my retirement age is lower than my current age?

We treat that as no remaining accumulation period: the result is your current savings only.

How are contributions timed?

Each month we apply growth from the monthly rate, then add your monthly contribution (end-of-month payment style).

Can I model employer pensions or Social Security?

Not in this tool. Add those amounts mentally or use a full financial plan; this page focuses on invested savings only.

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Retirement savings simulator: monthly contributions and withdrawals

Project balance to retirement with inflation, salary growth, and a simple withdrawal illustration. Compare scenarios—education only, not advice.

Quick simulation

Change four numbers and watch your projected balance update. Use advanced assumptions below for the full worksheet.

Current ageTarget retirement ageCurrent retirement savingsMonthly contribution to investments

Estimated balance at retirement

151.568,85 €

32 years until retirement

Approximate real annual return used (after inflation): 3.92%

Reality check: your plan vs other paths

Illustrative comparisons using the same expected return — not a survey of real people.

If you stopped contributing today

Only what you already invested would keep growing.

52.504,88 €

Your plan

151.568,85 €

Reference: 10% of gross income

Enter your gross salary in step 1 to see the 10% reference.

What your monthly contributions add

99.063,97 € more in final capital than if you stopped contributing today.

Total contributions: 68.072,44 €

Investment growth: 83.496,42 €

Illustrative monthly income: 505,23 €

Based on withdrawing 4% of the portfolio per year (illustrative)

Many retirees start below 4%, adjust for inflation, and revisit spending over time. This figure is not a recommendation or guarantee.

Chart

The year-by-year table stays below. Load the balance-by-age line chart when you want it.

Year-by-year projection

Year	Age	Contributions (this year)	Contributions (cumulative)	Growth	Balance
1	36	1.200,00 €	16.200,00 €	620,73 €	16.820,73 €
2	37	1.224,00 €	17.424,00 €	1.314,59 €	18.738,59 €
3	38	1.248,48 €	18.672,48 €	2.085,48 €	20.757,96 €
4	39	1.273,45 €	19.945,93 €	2.937,45 €	22.883,38 €
5	40	1.298,92 €	21.244,85 €	3.874,75 €	25.119,59 €
6	41	1.324,90 €	22.569,75 €	4.901,80 €	27.471,55 €
7	42	1.351,39 €	23.921,14 €	6.023,25 €	29.944,39 €
8	43	1.378,42 €	25.299,56 €	7.243,93 €	32.543,49 €
9	44	1.405,99 €	26.705,55 €	8.568,88 €	35.274,43 €
10	45	1.434,11 €	28.139,67 €	10.003,39 €	38.143,05 €
11	46	1.462,79 €	29.602,46 €	11.552,95 €	41.155,41 €
12	47	1.492,05 €	31.094,51 €	13.223,33 €	44.317,84 €
13	48	1.521,89 €	32.616,40 €	15.020,52 €	47.636,92 €
14	49	1.552,33 €	34.168,73 €	16.950,79 €	51.119,51 €
15	50	1.583,37 €	35.752,10 €	19.020,67 €	54.772,77 €
16	51	1.615,04 €	37.367,14 €	21.237,00 €	58.604,15 €
17	52	1.647,34 €	39.014,49 €	23.606,90 €	62.621,39 €
18	53	1.680,29 €	40.694,77 €	26.137,80 €	66.832,57 €
19	54	1.713,90 €	42.408,67 €	28.837,45 €	71.246,12 €
20	55	1.748,17 €	44.156,84 €	31.713,95 €	75.870,79 €
21	56	1.783,14 €	45.939,98 €	34.775,74 €	80.715,72 €
22	57	1.818,80 €	47.758,78 €	38.031,63 €	85.790,41 €
23	58	1.855,18 €	49.613,96 €	41.490,81 €	91.104,76 €
24	59	1.892,28 €	51.506,23 €	45.162,85 €	96.669,08 €
25	60	1.930,12 €	53.436,36 €	49.057,75 €	102.494,11 €
26	61	1.968,73 €	55.405,09 €	53.185,94 €	108.591,02 €
27	62	2.008,10 €	57.413,19 €	57.558,28 €	114.971,47 €
28	63	2.048,26 €	59.461,45 €	62.186,11 €	121.647,56 €
29	64	2.089,23 €	61.550,68 €	67.081,25 €	128.631,93 €
30	65	2.131,01 €	63.681,70 €	72.256,03 €	135.937,72 €
31	66	2.173,63 €	65.855,33 €	77.723,28 €	143.578,61 €
32	67	2.217,11 €	68.072,44 €	83.496,42 €	151.568,85 €

You already saw a projection above. Here is what it means: the numbers estimate how your savings could grow with your assumptions, how an illustrative monthly income from withdrawals might look, and—if you set a goal—how close that income is. Educational, not a pension estimate or personalized advice.

Advanced assumptions and full 3-step worksheetIncome, salary growth, inflation, withdrawal rate, and optional retirement income goal.

3 steps

Fill in each block in order. Optional fields add context; they do not change the core projection unless noted.

Your current situation

Age, income, and work context, similar to a guided retirement worksheet.

Current ageAnnual gross income (before tax)Used only to show an approximate savings rate. Net or business income? Enter an annual figure you consider comparable.Years already working / contributingOptional. For context only, not used in the math (we do not estimate public pensions).Work situationExpected annual salary growth (%)We increase your monthly savings by this rate once per year. Set to 0 for a flat contribution.Expected annual inflation (%)Combined with investment return to approximate a real return on your portfolio.

Your future plans

When you want to retire and the monthly income you would like to aim for (optional).

Desired monthly income in retirement (optional)Compares to the illustrative income from your portfolio. Not a pension forecast.

Savings and investments

What you save today, expected investment return, and how we estimate illustrative retirement income.

Expected annual investment return (%)Nominal return before inflation; we subtract inflation to estimate real growth.Yearly % of savings for the income estimate (example only)

How the projection works

We compound your portfolio monthly using an approximate real return: your nominal expected return is adjusted for expected inflation. Monthly contributions can grow once per year by your salary-growth assumption. Public pensions, taxes, and fees are not modeled.

Planning tips

Use conservative return assumptions for long-term projections; actual results will vary.
Increase contributions over time when income allows, small raises to savings can matter more than chasing higher returns.
Revisit your plan after major life events, tax changes, or shifts in retirement age goals.

Important information

Monwey provides this retirement planner for educational purposes. It is not financial, tax, or investment advice. Real portfolios fluctuate, fees and taxes reduce net results, and retirement rules differ by country. Consult a qualified professional for decisions that affect your future.

Frequently asked questions

Is the monthly income what I will receive in retirement?: No. It multiplies your projected balance by an annual withdrawal rate you choose and divides by twelve. It is a rough, static illustration, not a forecast of pensions, annuities, or taxes.
Why is the return called expected?: Markets are not constant. The percentage is an assumption you choose to explore scenarios, not a promise of performance.
Does the calculator include inflation?: Yes, in a simplified way: we combine your expected investment return and expected inflation to approximate a real return for the projection. It is still a rough model.
What if my retirement age is lower than my current age?: We treat that as no remaining accumulation period: the result is your current savings only.
How are contributions timed?: Each month we apply growth from the monthly rate, then add your monthly contribution (end-of-month payment style).
Can I model employer pensions or Social Security?: Not in this tool. Add those amounts mentally or use a full financial plan; this page focuses on invested savings only.

Save this run and track it with your real numbers

Create a free account with Google or email: log income and spending, set goals, and revisit your simulation when rates or pay change.

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